The agent of Porto forward Hulk has told the Portuguese media that Chelsea are not the only team eyeing up his client this summer.

Hulk, 25, had been heavily linked with a £38 million transfer to Chelsea, with some reports suggesting the move would take place in the coming days.

Agent Teodoro Fonseca, though, denies a deal has been agreed with the west London club, with other parties also sniffing around his client.

"The Blues [Chelsea] are not the only European club interested and at the moment it all depends on Porto," Fonseca told Record.

"I am in permanent contact with president Pinto Da Costa but there have been no advances on this subject. The club want him to stay and we have received the offer of a new deal. If Hulk stays in Porto then there is no problem as he is happy in Porto. He has had three years of interest from big European clubs and he still plays in Portugal."

Hulk joined Porto from Tokyo Verdy in 2008, quickly becoming one of the most sought after talents in the European game with 57 goals over the past two seasons for his club.